Financial Life Cycle

April 24, 2009

imagesUnderstand the financial cycle are very important to know especially if we follow our develop financial from birth until we old. Actually learn about our financial develop are very important because we know what we must doing with our money and what we shouldn’t doing with the money.
Hmm….maybe this are some keys of the financial decisions in each stage of human life - which you need to understand carefully to make sure the right developed, such as :
^@^ At age 0 until 17 years old, actually the financial conditions in this time usually child always depend on their parrents, because they still under the supervision of both parents
^@^ After in the College at age 18 until 19 years old, atually they still under the supervision of both parents but sometimes because of their community there some teenage want to have their own money with work part time, this all they do provided that they can share time with the course schedule, then work part time or money trying to get their own course while studying can be done.
^@^ At age 20 years old, at this time young people begin to think to continue with their studies tried to find their own money in addition to assistance from their parents, they also usually spirited sparingly and save money for their future.Sometimes there teenage start to thinking about retirement preparation, although still far from a fire roasted alias still long once you retire, no one has begun to prepare now
^@^ At age 30 years old, maybe at this time you are married and start thinking to make a family insurance, education, health, vehicle and attempted to buy a house even through the KPR, start thinking to make a lifetime investment for your retirement time and for make your future goods.
^@^ At age 40 years old, at this time you have plan to make your saving is more and more because you think the future plan, beside that you have plan to make your KPR settled.
^@^ At age 50 years old, this are the time before you take your retirement so it’s better know your retirement balance, and try to review your investment and more consider to think the health incurance of your old time.
^@^ At 60 years old, this are retirement time where this is the time to claim your retirement fund, and don’t try to make new investations, consider the cash fund for prepare the death of you, here is not means that you ready to die but at least you wake before something happens to your self.
Hmmm………maybe this are the financial life cyclle that we always find in our life, but everylife is have different in their life cycle. This could be happens because this all happens depend on someone personality in looks their future. It’s better to plan your future when you still teenaage than you start after you getting old.

Written by rizki· Filed Under finance , Tags:, ,  

Comments

Got something to say?